TD Cowen Maintains Hold on YETI Holdings, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains a Hold rating on YETI Holdings (NYSE:YETI) and raises the price target from $38 to $43.
May 10, 2024 | 5:37 pm
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TD Cowen analyst John Kernan maintains a Hold rating on YETI Holdings but raises the price target from $38 to $43, indicating a positive outlook on the stock's valuation.
The increase in price target by TD Cowen suggests a positive reassessment of YETI Holdings' valuation, potentially leading to increased investor interest and a positive short-term impact on the stock price. However, the Hold rating indicates that the analyst sees limited upside beyond the new target, tempering expectations for significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100